Brief: ViveRE Communities Announces Proposed Acquisition And Business Update

NexLiving Communities

03/12/2019 13:56

Dec 3 (Reuters) - Vivere Communities Inc  VCOM.V :
    * VIVERE COMMUNITIES ANNOUNCES PROPOSED ACQUISITION AND
BUSINESS
UPDATE
    * VIVERE COMMUNITIES INC - VIVERE HAS ENTERED INTO A
NON-BINDING
LETTER OF INTENT TO ACQUIRE SHARES AND REAL ASSETS OF EMMA AND
ALBERT DEVELOPMENT INC.
    * VIVERE COMMUNITIES INC - PURCHASE PRICE IS $7.3 MILLION,
WITH AN
INDICATED CAP RATE OF 5.25%

Source text for Eikon:  ID:nCNWhLDWCa 
Further company coverage:  VCOM.V 

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